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Stockholders' Deficit | 6 Months Ended
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Jun. 30, 2023
Stockholders' Equity Note [Abstract] |
Stockholders' (Deficit) Equity | Share Repurchases Effective October 27, 2022, our Board of Directors authorized the repurchase of our common stock in the amount of $803.0 million in addition to the $197.0 million that remained available for repurchases under the share repurchase program, for a total repurchase authorization of up to $1.00 billion under the program. The program has no expiration date. Purchases made under the program could be effected through open market transactions, block purchases, accelerated share repurchase agreements or other negotiated transactions. As of June 30, 2023 there was approximately $418.9 million remaining available for repurchases under the program. Effective July 27, 2023, the Company’s Board of Directors authorized the repurchase of its common stock in the amount of $1.14 billion, in addition to the $356.1 million that remained available for repurchases under the share repurchase program, for a total repurchase authorization of up to $1.50 billion under the program. The Company’s share repurchases are as following. Amounts may not add up due to rounding:
| Three Months Ended June 30, 2023 |  | Six Months Ended June 30, 2023 |  |  |
| Shares |  | Total Costs |  | Average Price |  | Shares |  | Total Costs |  | Average Price |  |  |
| (In millions, except average price amounts) |  |  |
Total repurchases under the repurchase plans | 1.0 |  |  | $ | 220.0 |  |  | $ | 219.82 |  |  | 2.1 |  |  | $ | 439.9 |  |  | $ | 212.47 |  |  |  |
Total repurchases for tax withholdings | — |  |  | 2.9 |  |  | $ | 225.59 |  |  | 0.1 |  |  | 13.4 |  |  | $ | 213.19 |  |  |  |
Total repurchases | 1.0 |  |  | $ | 222.9 |  |  | $ | 219.90 |  |  | 2.1 |  |  | $ | 453.4 |  |  | $ | 212.50 |  |  |  |
Since inception, the Company has repurchased 251.4 million shares of its common stock for an aggregate cost of $13.20 billion, which is recorded as a reduction of Additional paid-in capital. The Inflation Reduction Act of 2022, which was enacted into law on August 16, 2022, imposed a nondeductible 1% excise tax on the net value of certain stock repurchases made after December 31, 2022. In the first half of 2023, the Company reflected the applicable excise tax in treasury stock as part of the cost basis of the stock repurchased and recorded a corresponding liability for the excise taxes payable in Accounts payable and accrued liabilities on our Condensed Consolidated Balance Sheet as of June 30, 2023. The share repurchase and authorization amounts disclosed in this Form 10-Q exclude the excise tax.

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